HMRC Is Shite

HMRC Is Shite
Dedicated to the taxpayers of Britain, and the employees of Her Majesty's Revenue and Customs (HMRC), who have to endure the monumental shambles that is HMRC.

Tuesday, 15 July 2014

HMRC's Sinister Ploy


HMRC has come up with rather an "interesting" wheeze wrt improving its cashflow.

HMRC wants to delay telling employees about changes in their tax codes for up to a month, which could see people paying more tax than they owe.

The delay means that people would only find out when it is too late to correct the mistake, and the money has already been deducted from their monthly salary.

Lesley Fidler, a tax director at Baker Tilly, is quoted by the Telegraph:
"When you are counting the pounds in your pay packet you don't worry that it will work itself in the long term, you are thinking 'have I got enough this month?' 

This delay does seem to be manipulated, it's a sinister sense of manipulation. People will effectively be lending to the taxman out of their salaries."
Under the proposal employees will have to wait up to 30 days to be notified of a tax code change. The regulation is currently being consulted on, but is likely to be laid before Parliament later this Summer.
A spokesman for HMRC said:
"Where this happens, the employer will still be informed immediately of any change and if a customer requests a tax code we will issue one. 

HMRC anticipates savings for the taxpayer of several millions pounds in printing and postage costs, as a result of these changes. 

HMRC is currently consulting on the proposed changes and welcomes comments on the detail. We plan to lay finalised regulations in the autumn." 
Good for HMRC's cashflow, but not for the taxpayers' though!

Tax does have to be taxing.

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1 comment:

  1. Someone please remind me what RTI and "right tax @ right time" is all about?

    RTI must stand for Realtime Theft Initiative on this basis, don't forget Cameron said "We are all in this together". On the basis of a level playing field does this proposal allow us, the taxpayers, to delay payment for a month?

    "Sorry, can't pay your tax demand, still waiting for last month's adjustment" would the Tribunals view that as a reasonable excuse?

    ReplyDelete